U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted “no cuts to medicaid” while being arrested. Bill Clark | Cq-roll Call, Inc. | Getty ImagesU.S. Capitol Police arrested more than 30 protesters on Wednesday, including some in wheelchairs, during a demonstration against the proposed Medicaid cuts in President Donald Trump’s budget bill.Thirty-three people were arrested “for illegally demonstrating inside the Russell Senate Office Building,” a spokesperson for Capitol Police told CNBC.The group was arrested for crowding, obstructing or…
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The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, ran through all 30 holdings in the portfolio during the June Monthly Meeting on Wednesday. Here’s a rapid fire update on each stock, starting with those that Jim and Jeff said investors should consider trimming — or that the Club has sold recently — as uncertainty over President Donald Trump’s tariffs and the conflict in the Middle East linger. Abbott Laboratories : One of our best stocks of the year, Abbott got more good news Tuesday when HHS chief Robert F. Kennedy Jr. talked up wearable health products. Abbott’s…
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending.The order directs both housing finance giants to develop proposals that include digital assets — without requiring borrowers to liquidate them into U.S. dollars prior to a loan closing.Pulte said in a…
Check out the companies making headlines in after-hours trading. Micron – The maker of memory and storage products rose almost 4% after its fiscal third-quarter results topped analysts’ expectations. Micron posted adjusted earnings of $1.91 per share on $9.30 billion in revenue, while analysts surveyed by LSEG were calling for $1.60 per share and $8.87 billion in revenue. The company’s fourth-quarter guidance also came in better than expected. H.B. Fuller – The stock jumped more than 6% following the adhesive manufacturing company’s latest quarterly results. The company’s adjusted earnings of $1.18 per share topped the analyst estimate of $1.08 a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyNikil Viswanathan, Alchemy CEO, talks the passage of the Genius Act, the growth of stablecoin adoption, AI integration and more.03:1410 minutes ago Source link
To say Wall Street isn’t a fan of Zohran Mamdani would be an understatement.In fact, high-profile investors and business leaders in the Big Apple are up in arms about the stunning win by the democratic socialist in the primary to win the Democratic nomination to serve as the next New York City mayor. The three-term Assemblymember’s potential victory in the November general election could bring what the Street hates most — tax hikes and tighter regulation threatening corporate and investment interests.Philippe Laffont, founder of hedge fund Coatue Management, told CNBC that a Mamdani win could trigger another exodus of wealthy investors.…
Lisbon , Portugal – 12 November 2024; Dan Rogers, CEO, LaunchDarkly, on SaaS Summit stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty ImagesCollaboration software maker Asana said Wednesday it has chosen former Rubrik and ServiceNow executive Dan Rogers to be its new CEO, replacing co-founder Dustin Moskovitz.Rogers will start at San Francisco-based Asana on July 21, the company announced. Rogers will leave his post as CEO of LaunchDarkly, a startup with software for carefully releasing code updates. Rogers joined LaunchDarkly in 2023.Moskovitz co-founded Facebook parent Meta before…
Richard Figuly has spent more than 30 years in the financial services business — but he owes his sense of discipline to his time in the military. Figuly is the head of core strategy in J.P. Morgan Asset Management’s fixed income group and a portfolio manager of the JPMorgan Core Bond Fund (JCBUX) . He was recently nominated by Morningstar for its 2025 outstanding fixed income portfolio manager award . “It was a big part of my life,” the 59-year old said of his military career. “I did it for so long that — once you get through your initial training…
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024.Andrew Caballero-Reynolds | AFP | Getty ImagesMicron shares rose in extended trading on Wednesday after the chipmaker reported better-than-expected earnings and revenue and issued a forecast that also topped analysts’ estimates.Here’s how the company did in comparison with the LSEG consensus:Earnings per share: $1.91, adjusted vs. $1.60 expectedRevenue: $9.3 billion vs. $8.87 billion expectedMicron said revenue in the current period, its fiscal fourth quarter, will…
